Tag: money
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Chapter 33: Building Credit
Square One New year and new beginnings, building good credit gives you opportunities and expansions into things you wouldn’t be able to do yourself. Using credit properly is a tool. The best example I like to give is fire. You use fire properly and you have warmth and comfort. Use it wrong and you can…
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Chapter 32: Credit Scores
Big Banks Control My Scores? Having a good credit score is a successful way of proving that you can pay back your debts. It rewards good borrowers by giving them a discount on interest, access to premium credit cards, and larger lines of credit. Many people seem to disagree with this system and calling it…
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Chapter 31: Debt Consolidation
What is Debt Consolidation? Sometimes, depending on your situation miscellaneous amounts of debt rack up through various sources. Too much and it can get pretty overwhelming. Don’t get me wrong, having multiple sources of credit is a good thing. This proves to your credit bureaus that you’re a reliable borrower. That’s if you make at…
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Chapter 30: Equity
Equity in a financial terms means ownership or value. Usually when buying stocks or buying shares in a company you’re trading cash for equity. Equity is a great way to track ownership because even if a company splits their shares or valuations go up you still own a set percentage of the company. For example…
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Chapter 29: Net 0 Mentality
The net 0 mentality implies when budgeting, that you will use up every budgeted dollar. You will not leave a single one left over for next month. Although this sounds bad this isn’t exactly what you might think. This doesn’t mean spend as much as possible until you reach 0. We’re just going to try…
Money Ain't Sh*t 